According to the National Bank of Georgia, total bank lending reached GEL 71.06 billion at the end of February 2026, up GEL 654.6 million (0.93%) from the previous month and marking a 14.2% annual increase. Excluding exchange rate effects, lending grew by 1.32% month-on-month.
The main driver of February’s growth was loans in Georgian lari, which increased by GEL 530 million, while foreign currency loans rose by GEL 124 million. As a result, the lariization coefficient improved to 57.78%, up 0.22 percentage points from January.
For resident legal entities, lari-denominated loans totaled GEL 10.77 billion (+0.81% month-on-month), and foreign currency loans amounted to GEL 20.31 billion (+0.39% month-on-month). Excluding exchange rate effects, this represents a 1.27% increase compared to January.
Household lending also grew, rising GEL 351.5 million (0.95%) in February to GEL 37.17 billion, reflecting continued credit expansion in the retail sector alongside corporate lending.
